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Banknotes issued by Scottish and Northern Irish banks have to be backed pound for pound by Bank of England notes (other than a small amount representing the currency in circulation in 1845), and special £1 million and £100 million notes are used for this purpose. Their design is based on the old Series A notes. [61] [96]
Sterling (ISO code: GBP) is the currency of the United Kingdom and nine of its associated territories. [3] The pound is the main unit of sterling, [4] [c] and the word pound is also used to refer to the British currency generally, [7] often qualified in international contexts as the British pound or the pound sterling. [4]
The first ten-thousand-dollar bills were issued as large-size paper money measuring 7.38 in (187 mm) by 3.18 in (81 mm) and portrayed Andrew Jackson.Beginning with the 1928 series, the size of the bill was reduced to the small-size variety measuring 6.14 in (156 mm) by 2.61 in (66 mm).
Mathematics portal; 1,000,000,000 (one billion, short scale; one thousand million or one milliard, one yard, [1] long scale) is the natural number following ...
The £100 million note (nicknamed "Titan" simply because of its titanic value) backs the value of common circulating notes (£1, £5, £10, £20, £50, and £100 notes) issued by the six commercial banks in Scotland (Bank of Scotland, Royal Bank of Scotland, Clydesdale Bank) and Northern Ireland (Bank of Ireland, Danske Bank and Ulster Bank).
The English word "pound" derives from the Latin expression lībra pondō, in which lībra is a noun meaning 'pound' and pondō is an adverb meaning 'by weight'. [ 1 ] [ 2 ] The currency's symbol is ' £ ' , a stylised form of the blackletter 'L' ( L {\displaystyle {\mathfrak {L}}} ) (from libra ), crossed to indicate abbreviation.
Nine £1 million notes were issued in connection with the Marshall Plan on 30 August 1948, signed by E. E. Bridges, and were used internally as "records of movement" for a six-week period, along with other denominations, with total face value of £300 million, corresponding to a loan from the U.S. to help shore up HM Treasury. These were ...
Multiples of thousands are occasionally represented by replacing their last three zeros with the letter "K" or "k": for instance, writing "$30k" for $30 000 or denoting the Y2K computer bug of the year 2000. A thousand units of currency, especially dollars or pounds, are colloquially called a grand. In the United States, this is sometimes ...